Chirag Organics Private Limited

Manufacturer of benzene based derivatives and other chemicals, established in 1989 in Vapi, Gujarat.

1989 | Vapi, Gujarat (India) | Active
Last Updated:

Chirag Organics Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.50 M
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 9.96 Cr
  • Revenue Growth 17.35%
  • Profit Growth 275.74%
  • Ebitda 117.09%
  • Net Worth 32.55%
  • Total Assets -4.34%

About Chirag Organics

Chirag Organics Private Limited (COPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 1989 and has a history of 35 years and nine months. Its registered office is in Vapi, Gujarat, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.50 M and a paid-up capital of Rs 6.50 M.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹9.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Sheth, Rekha Sheth, Jigar Sheth, and One other member serve as directors at the Company.

Company Details

  • Location

    Vapi, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201GJ1989PTC012617

  • Company No.

    012617

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Chirag Organics Private Limited offer?

Chirag Organics Private Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Liquid Phenol, Insecticides and Pesticides, Herbicides, Chemical Intermediates, Organic and Inorganic Solvents, Chlorinated Solvents, Aromatic Hydrocarbon Solvent.

Company report

Chirag Organics Private Limited

Explore comprehensive data for Chirag Organics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Chirag Organics?

Board Members (4)

NameDesignationAppointment DateStatus
Ramesh Sheth Country flag representing In Director 11-Aug-1989Current
Rekha Sheth Country flag representing In Director 11-Aug-1989Current
Jigar Sheth Country flag representing In Director 26-Jul-2018Current
Bhumit Sheth Country flag representing In Director 26-Jul-2018Current

Financial Performance of Chirag Organics.

Chirag Organics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.35% increase. The company also saw a substantial improvement in profitability, with a 275.74% increase in profit. The company's net worth Soared by an impressive increase of 32.55%.

Chirag Organics revenue growth over time
Chirag Organics profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.35%
Revenue from Operations
17.36%
Total Assets
-4.34%
Profit or Loss
275.74%
Net Worth
32.55%
EBITDA
117.09%

What is the Ownership and Shareholding Structure of Chirag Organics?

In 2023, Chirag Organics had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.00 M

Satisfied Charges

₹99.65 M

Charges Breakdown by Lending Institutions

  • Others : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Apr 2024Others₹7.00 CrOpen
20 May 2018Hdfc Bank Limited₹5.16 CrSatisfied
13 May 2002Bank Of Baroda₹3.00 CrSatisfied
17 Apr 2002Bank Of Baroda₹1.80 CrSatisfied

How Many Employees Work at Chirag Organics?

Chirag Organics has a workforce of 24 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Chirag Organics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chirag Organics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Chirag Organics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Chirag Organics

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 70.00 M with Charge ID 100900455 was registered on 03 Apr 2024.

  • Charges

    A charge registered on 20 May 2018 via Charge ID 100188476 with Hdfc Bank Limited was fully satisfied on 04 Mar 2024.

  • Annual General Meeting

    Chirag Organics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 51.65 M registered on 20 May 2018 with Charge ID 100188476 was modified on 02 Sep 2023.

  • Balance Sheet

    Chirag Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Jigar Ramesh Sheth was appointed as a Director was appointed as a Director on 26 Jul 2018 & has been associated with this company since 6 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Chirag Organics Private Limited?

    Chirag Organics Private Limited was incorporated on 11 Aug 1989.

  • What is authorized share capital and paid-up capital of Chirag Organics Private Limited?

    The authorized share capital of Chirag Organics Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.50 M.

  • Who are the current board members & directors of Chirag Organics Private Limited?

    Currently 4 directors are associated with Chirag Organics Private Limited.

    • Ramesh Babulal Sheth
    • Rekha Ramesh Sheth
    • Jigar Ramesh Sheth
    • Bhumit Ramesh Sheth

  • What is the registered address of Chirag Organics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chirag Organics Private Limited is Plot No 902/A 3Rd Phase Gidc, Vapi, Gujarat, India, 392195.

  • What is the corporate identification number (CIN) and company number of Chirag Organics Private Limited?

    The corporate identification number (CIN) of Chirag Organics Private Limited is U45201GJ1989PTC012617 and the company number is 012617 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Chirag Organics Private Limited?

    The Official website of Chirag Organics Private Limited is https://www.chiragorganics.com

  • What has been the recent revenue trend for Chirag Organics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Chirag Organics Private Limited has risen by 17.35%.

  • How many employees does Chirag Organics Private Limited currently have?

    As Per 2023 financial reports, 24 employees are currently employed by Chirag Organics Private Limited.

  • What change has been observed in the net worth of Chirag Organics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Chirag Organics Private Limited has experienced an upsurge of 32.55%.

  • What are the total open charges for Chirag Organics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Chirag Organics Private Limited amount to ₹ 7.00 Cr.

  • When was the last Balance Sheet of Chirag Organics Private Limited filed with the ROC?

    The most recent Balance Sheet for Chirag Organics Private Limited was filed with the ROC on 31 Mar 2023.

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